American Tamil Entrepreneurs Association

Analysis

American Tamil Entrepreneurs Association is a registered charity in United States, based in Milpitas, CA. It received its IRS tax-exemption ruling in November 2016, 10 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, American Tamil Entrepreneurs Association reported income of $148k and spending of $138k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $112k to $148k (+31%), an average of +32% a year. The sharpest change came in the year to December 2023, when income rose by 31%. Over the whole period it spent 74% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, American Tamil Entrepreneurs Association sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 49th percentile within CA. Charities of a similar size with the same main cause include Touch of Silver Twirling Corps Ltd ($147k), Tafl Youth Sports ($148k) and Justin Carr Wants World Peace ($147k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $9,592 against liabilities of $0, net assets of $9,592.